Greece Science and Technology
The Rio-Antirio bridge near the city of Patras is the longest cable-stayed bridge in Europe and second in the world. It connects the Peloponnese with mainland Greece.
Because of its strategic location, qualified workforce and political and economic stability, many multinational companies such as Ericsson, Siemens, SAP, Motorola and Coca-Cola have their regional R&D Headquarters in Greece.
The General Secretariat for Research and Technology of the Hellenic Ministry of Development is responsible for designing, implementing and supervising national research and technological policy.
In 2003, public spending on R&D was 456,37 million Euros (12,6% increase from 2002). Total research and development (R&D) spending (both public and private) as a percentage of GDP has increased considerably since the beginning of the past decade, from 0,38% in 1989, to 0,65% in 2001. R&D spending in Greece remains lower than the EU average of 1,93%, but, according to Research DC, based on OECD and Eurostat data, between 1990 and 1998, total R&D expenditure in Greece enjoyed the third highest increase in Europe, after Finland and Ireland.
